Maritime e-Commerce AssociationThe Maritime e-Commerce Association, established in February 2001, is a non-profit making consortium of companies committed to promoting and developing e-business and online trading in the Maritime sector. Objectives of the Association are:United Kingdom

DC Maritime Technologies Inc.DCMT are professional electrical engineers and systems integrators. The company provides electrical, control and automation engineering expertise to the international marine, offshore and recreational boat industries.Canada

Marine Machinery AssociationThe Marine Machinery Association is the trade association that serves the interests of the American vendor community to the world's shipyards.USA Virginia

Fram West Contract

5/17/2001

Norsk Hydro has awarded Aker Maritime a contract (value about NOK 500 million) in connection with the Fram West development in the North Sea. Aker Maritime will be responsible for the engineering, construction and installation of a production module on the Troll C platform where oil and gas from Fram West will be processed. Aker Maritime will also carry out the necessary modifications on the platform.

Aker Technology in Oslo has developed the chosen concept. By placing all the production equipment for Fram West in one module the extent of commissioning before delivery has been increased. This has reduced the scope of work offshore. Several Aker Maritime subsidiaries will be involved in the Fram Vest project. Their key responsibilities are:

Aker Engineering, Oslo - Responsible for concept and system definition.